Daily Elliott Wave Video Analysis — June 4, 2019

The daily Elliott Wave analysis video for June 4, 2019, is available here. The video will always remain accessible via the current link for future reference. You can use it to check the accuracy of our Elliott Wave forecasts or for your self-education in such analysis.

It is recommended to watch the video in a fullscreen mode.


AUD/USD
The Trend is bullish in 1 hour chart. Intraday support is present at 0.6898 price level. So, as long as price stays above 0.6898 support level, look for buy trades. If bearish candlestick closes below 0.6898 critical support level, then up trend is going to end.

EUR/JPY
The Trend is bullish in 1 hour chart. Intraday support is present at 120.77 price level. So, as long as price stays above 120.77 support level, look for buy trades. If bearish candlestick closes below 120.77 critical support level, then up trend is going to end.

EUR/USD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.1115 price level. So, as long as price stays above 1.1115 support level, look for buy trades. If bearish candlestick closes below 1.1115 critical support level, then up trend is going to end.

GBP/USD
The Trend is bearish in 1 hour chart. Intraday resistance is present at 1.2747 price level. So, as long as price stays below 1.2747 resistance level, look for sell trades. If bullish candlestick closes above 1.2747 critical resistance level, then down trend is going to end.

USD/JPY
The Trend is bearish in 1 hour chart. Intraday resistance is present at 109.46 price level. So, as long as price stays below 109.46 resistance level, look for sell trades. If bullish candlestick closes above 109.46 critical resistance level, then down trend is going to end.

USD/CAD
The Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3564 price level. So, as long as price stays below 1.3564 resistance level, look for sell trades. If bullish candlestick closes above 1.3564 critical resistance level, then down trend is going to end.

USD/CHF
The Trend is bearish in 1 hour chart. Intraday resistance is present at 1.0031 price level. So, as long as price stays below 1.0031 resistance level, look for sell trades. If bullish candlestick closes above 1.0031 critical resistance level, then down trend is going to end.

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